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not because of president obama, but in spite of president obama's policies of tax and spend, tax and spend. stuart: i'm not going to settle for this? are you going to settle for less than 2% growth and-- >> i don't think we're going to have less than 2% growth in i think we're going to see north of 2% as soon as the housing market ignites and it's starting to. when that kicks in, then you'll probably see, who knows, 2, 3, 4% growth going forward. >> let's transfer to the stock market. the stock market. >> ripping. stuart: you're right it, wants to go up and and you think that's because of the corporate profitability and the beginnings of recovering. i say it's because ben is printing money and the japanese are printing up a storm. do you disagree with me? >> no, it's going higher for whatever reason it's going higher. you want to be in stocks. look, i took a lot of money off the table over the last couple of weeks, i talked to a lot of people, and sent e-mails out i'm going to sell 20% here and another 20% here. not because i don't think the stock market is good going forward, i thin
not because of president obama, but in spite of president obama's policies of tax and spend, tax and spend. stuart: i'm not going to settle for this? are you going to settle for less than 2% growth and-- >> i don't think we're going to have less than 2% growth in i think we're going to see north of 2% as soon as the housing market ignites and it's starting to. when that kicks in, then you'll probably see, who knows, 2, 3, 4% growth going forward. >> let's transfer to the stock...
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going to washington, senator grassley is obama's budget dead on arrival? asking him that question at 10:16 eastern this morning. the latest ad made by the opponents of the keystonepipe line. >> it's not if, it's when. it's happened before. now, again. keystone xl doesn't go to the u.s., but through the u.s. sending oil to places like china and venezuela putting us at risk while big oil gets the reward. connect the dots. it's a pretty ugly picture. stuart: there, you saw it. joining us is jane, part of the group that helped to make this ad. jane, very much welcome to the program. it's good toe see you with us. >> thank you. i was not sure if i should do a scare, you know, face, because you called me a scare monger, but we'll see. stuart: i didn't mean to call you names, but i did. we disagree. i want the pipeline built, but i don't propose to have a shouting match with you, and i don't want to talk on top of you. see if you agree to this. i'll ask a question k take 20 seconds, you have 30 seconds to respond. i will not interrupt you or mess around with what
going to washington, senator grassley is obama's budget dead on arrival? asking him that question at 10:16 eastern this morning. the latest ad made by the opponents of the keystonepipe line. >> it's not if, it's when. it's happened before. now, again. keystone xl doesn't go to the u.s., but through the u.s. sending oil to places like china and venezuela putting us at risk while big oil gets the reward. connect the dots. it's a pretty ugly picture. stuart: there, you saw it. joining us is...
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stuart: president obama prides himself to be a good basketball player. yesterday he missed 17 shots before he finally sank one. 2-for-22 overall. nothing else to be said about this. charles: it turned out george bush adjusted the basket. it was a little bit higher. stuart: i have a headline for you. according to american bankers association, credit card delinquencies fell to levels not seen since 1994. credit card delinquencies all the way down. that is a positive. liz: it is a positive. the census data is showing fewer u.s. households have debt. charles: 1.3 trillion. liz: $1.3 trillion wiped out. stuart: recently? charles: since the great recession. stuart: consumers are in much better position credit wise than they were the last four years. charles: people understand this is a precarious situation. stuart: look at the dow industrials right now, up 103 points. i have to believe credit delinquencies down are part of the story. charles: the risk asset. it is not a housing bubble, you can say a buying bubble, but a doom and gloom bubble, lots of other bub
stuart: president obama prides himself to be a good basketball player. yesterday he missed 17 shots before he finally sank one. 2-for-22 overall. nothing else to be said about this. charles: it turned out george bush adjusted the basket. it was a little bit higher. stuart: i have a headline for you. according to american bankers association, credit card delinquencies fell to levels not seen since 1994. credit card delinquencies all the way down. that is a positive. liz: it is a positive. the...
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there is a lesson here for president obama. low taxes produce growth and prosperity. joe flacco is the highest paid player. he plays for baltimore. good as he is, he makes less than romo in texas. time to move, joe. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you
there is a lesson here for president obama. low taxes produce growth and prosperity. joe flacco is the highest paid player. he plays for baltimore. good as he is, he makes less than romo in texas. time to move, joe. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one...
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plus, president obama's budget, yeah, more taxes on the rich. and this time it's your 401(k) he's after. details and the opening bell after this. how do traders using technical analysis streamlineheir process? at fidelity, we do it by merging two tools into one. combining your customizecharts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> one minute from the opening bell and we're expecting a drop of about 150 points for the dow when that bell rings. let's bring in tres joining us from chicago. obviously, it's an ugly jobs report, but it's so bad, doesn't it mean that ben bernanke just prints up a storm all over again, no pause, no pause for the printing presses? >> guess what, stuart, he's going to keep printing anyway, i
plus, president obama's budget, yeah, more taxes on the rich. and this time it's your 401(k) he's after. details and the opening bell after this. how do traders using technical analysis streamlineheir process? at fidelity, we do it by merging two tools into one. combining your customizecharts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity...
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money problems plaguing president obama's second term. yes, they are. his second term agenda, i'm going to say is stalled. 34eu take -- my take on that is next. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >> break k news, fox news confirms that rutgers university has fired its head basketball coach, mike rice. there was an espn report showing video of him physically abusing his players. apparently, he was veerbly abusing them as well. there's a videotape. you just saw him pushing -- there you go -- pushing one of the players, doesn't go down well. mr. rice has just been fired. time to make money. we always go to charles for ttat, and he's got, what is it? ashland? >>
money problems plaguing president obama's second term. yes, they are. his second term agenda, i'm going to say is stalled. 34eu take -- my take on that is next. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age....
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stuart: do you think that the tax increases in president obama's proposal will see their light of day? do you think? >> they will not be passed. the republican house will not allow any tax increase to pass and we will get spending restraint after we get over the last two years. i apologize for cutting grover norquist short because i've got sir richard branson walking in, surprise, surprise, the man walked in on me. grover, thank you very much indeed. and sir richard welcome to the program. i'd like to ask you a comment on margaret thatcher and i'm going to preface that. you saw people drinking in the streets and celebrating her death. i say that's flat-out disgusting and disgraceful. do you have a comment? >> i would agree with you. i think if anyone dies, whether you disagree with their views or agree with their views, you don't behave in that kind of manner. stuart: you are the very successful man who runs virgin, the airline. a highly successful airline and a very competitive business. i put it to you, you wouldn't be sitting here today with the success that you've enjoyed without
stuart: do you think that the tax increases in president obama's proposal will see their light of day? do you think? >> they will not be passed. the republican house will not allow any tax increase to pass and we will get spending restraint after we get over the last two years. i apologize for cutting grover norquist short because i've got sir richard branson walking in, surprise, surprise, the man walked in on me. grover, thank you very much indeed. and sir richard welcome to the...